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Nexo and 7RCC Global are pioneering a novel approach in the investment sphere by introducing an ESG-centric Bitcoin exchange-traded fund (ETF).
This venture aligns with the impressive market trajectory observed in spot Bitcoin ETFs since their January debut.
Nexo and 7RCC Present an ESG Twist on Bitcoin Investment
On December 20, Nate Geraci, president of the ETF Store, announced that...
On December 4, the Altcoin Season Index hit 88, suggesting that non-Bitcoin cryptocurrencies might perform better than the number one coin. However, the altcoin season chances might have been dealt a huge blow.
Despite that, it appears that the much-anticipated season might still come back. Here are three indicators suggesting that many of the top 50 cryptos might soon see notable hikes....
Jump Crypto’s wholly-owned subsidiary, Tai Mo Shan, has agreed to a $123 million settlement with the US Securities and Exchange Commission (SEC) for its role in misleading investors about the stability of the TerraUSD (UST) stablecoin.
Jump Crypto, a subsidiary of the Chicago-based proprietary trading firm Jump Trading, was integral to Terra’s ecosystem. The firm is currently under...
The Ethereum (ETH) price outlook has been on investors’ radars for a while. Amid this sentiment, the cryptocurrency has rallied above $4,000 and, at one point, decreased below $3,200.
However, in the last 24 hours, Ethereum’s price has increased by 10%, with large transactions climbing to levels not seen in almost one week.
Ethereum Sees Notable Institutional Interest
Ethereum’s 10%...
Tether, the global leader in the stablecoin market, has strategically committed $775 million to Rumble, a rising video-sharing platform that positions itself as a decentralized alternative to YouTube.
This significant investment comes as Tether’s earnings surge, with profits soaring above $10 billion this year.
Tether Eyes Media Disruption With Rumble Investment
On December 20, the USDT...
Is XRP overvalued? This is one question that the broader market has asked since the altcoin began its explosive in November.
While some have hoped that the XRP price rally will subside, a significant correction has not happened. But, according to this on-chain analysis, the token might soon be overpriced when compared to the overall market condition.
The Ripple Token Faces Huge Risk...
Michael Saylor, the Executive Chairman of MicroStrategy, has outlined a Bitcoin strategy to position the United States as a global leader in the digital economy.
This move comes as his company expanded its Board of Directors from six to nine members, incorporating prominent crypto advocates to strengthen its strategic focus on digital assets.
Saylor Advocates for Bitcoin Reserve
On...
At one point, the third week of December 2024 seemed destined to close on a sour note for many cryptocurrencies, as market sentiment appeared overwhelmingly bearish. However, a late rally across the market reversed fortunes, allowing the top three altcoin gainers of the week to surge with double-digit gains
In this analysis, BeInCrypto reveals the biggest altcoin gainers of the week, how the...
Crypto hacks and frauds led to over $2.3 billion in losses this year, highlighting the persistence of security vulnerabilities in the industry. This figure spans 165 incidents, marking a 40% increase from the previous year.
While the total is lower than the $3.7 billion lost in 2022, the continued rise in attacks signals that the industry’s defenses remain inadequate against the advanced...
Ripple has pledged $5 million worth of XRP to support the inauguration celebrations for President-elect Donald Trump and Vice President-elect J.D. Vance in January.
Other crypto firms, including Coinbase, Kraken, and Ondo Finance, have also announced significant donations to the inauguration fund.
Crypto Companies Are Contributing Over $8 Million to Trump’s Inauguration
According to Fox...